GRMN’s fitness sales fell 34% to $272,095,000 from $413,201,000 with drops in all categories led by advanced wearables and cycling products as demand normalizes compared to pandemic spikes. Operating income was slashed 79% to $23,462,000 from $113,733,000. The quarter did see a bright spot with positive response to the new Forerunner 255 and 955 launched on Global Running Day. The Forerunner 255 includes triathlon support and recovery insights. The Edge 1040 Solar cycling computer also launched in the quarter. Outdoor segment sales did much better, growing 18% to $381,915,000 from $323,405,000 ... Log in to view full article.